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Pro-Ship, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 8%, Raises Record High Profit Forecast, Dividend Revised Upward by 3 Yen
3763 Pro-Ship Incorporated 【J-GAAP】
Guidance Update ReportPro-Ship Incorporated <3763> [TSE Prime] announced a revision to its performance and dividend at noon (12:00) on February 10th. The consolidated ordinary profit forecast for the fiscal year ending March 2026 has been revised upward 7.5%, from the previous forecast of 2.70 billion yen to 2.91 billion yen (compared to 2.43 billion yen in the previous period), increasing the growth rate from 11.3% to 19.7%, further surpassing the previous forecast of record-high profits for two consecutive terms.
Based on the upwardly revised full-year plan announced by the company, our calculation indicates that the October to March period (second half) consolidated ordinary profit has been revised upward 16.3%, from the previous forecast of 1.25 billion yen to 1.45 billion yen (compared to 1.89 billion yen in the same period of the previous year), and the declining rate is expected to decrease from 33.6% to 22.8%.
In light of the strong performance, the company has increased its planned year-end lump-sum dividend for the current fiscal year from the original plan of 37 yen to 40 yen (compared to 63 yen before the 2-for-1 forward stock split in the previous period).
Kabutan News
Guidance Update
Second Half Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2025 Prev | 4,304 | 1,220 | 1,255 | 970 | 38.1 | 37 | Nov 14, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 4,404 | 1,396 | 1,459 | 1,102 | 43.5 | 40 | Feb 10, 2026 | J-GAAP |
| Revision Rate | +2.3% | +14.4% | +16.3% | +13.6% | +14.0% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 8,200 | 2,624 | 2,706 | 1,968 | 77.4 | 37 | Nov 14, 2025 | J-GAAP |
| Mar, 2026 New | 8,300 | 2,800 | 2,910 | 2,100 | 82.8 | 40 | Feb 10, 2026 | J-GAAP |
| Revision Rate | +1.2% | +6.7% | +7.5% | +6.7% | +7.1% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 4,446 | 1,808 | 1,891 | 1,502 | 60.7 | 31.50 | May 9, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 4,404 | 1,396 | 1,459 | 1,102 | 43.5 | 40 | Feb 10, 2026 | J-GAAP |
| YoY | -0.9% | -22.8% | -22.8% | -26.6% | -28.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 6,812 | 1,632 | 1,877 | 1,349 | 54.8 | 25 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 7,564 | 2,309 | 2,431 | 1,930 | 78.0 | 31.50 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 8,300 | 2,800 | 2,910 | 2,100 | 82.8 | 40 | Feb 10, 2026 | J-GAAP |
| YoY | +9.7% | +21.3% | +19.7% | +8.8% | +6.2% |
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